| 000 -LEADER |
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| fixed length control field |
01454nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
221227b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Ryu, Eun Jin and Suzuki, Aya |
| 245 ## - TITLE STATEMENT |
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| Title |
ROSCAS as insurance: Comparing formal and informal methods of saving among the unskilled workers in the ethiopian cut-flower industry |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
The Developing Economies |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
59(3), Sep, 2021: p.243-274 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
We explore the factors associated with the savings choice among bank accounts, informal savings groups, and cash savings at home using primary data collected from low-income production workers in cut-flower farms in Ethiopia. A unique contextual feature of our sample is that workers have full access to banks as well as ROSCAs, which allow us to focus on the demand side of saving methods. We find that self-insured workers with greater assets tend to save more in banks. We further find that risk aversion is positively associated with ROSCAs savings but not bank savings, suggesting the workers value the insurance aspect of ROSCAs. We also find that those with greater social connectedness tend to save more with ROSCAs. Overall, we find that informal savings groups work as insurance, complementing formal financial institutions. – Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Saving behavior, ROSCAs, Bank accounts, Cut-flower industry, Ethiopia. |
| 9 (RLIN) |
34910 |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
The Developing Economies |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
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| Subject DIP |
SAVING BEHAVIOUR |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Item type |
Articles |
